President says he will keep the Strait of Hormuz open for the world, including China, while announcing plans to waive oil sanctions to lower energy prices.

Iran has named the hard-line Ayatollah Mojtaba Khamenei to succeed his late father as supreme leader, signalling no letup in the war launched by the US and Israel more than a week ago. Oil prices ...

Unfazed by the oil price spike, Trump said the war would end up lowering oil prices over the long term, while vowing to keep the Strait of Hormuz – a critical oil-shipping route – “safe.” He shrugged ...

Iran fired drones towards Saudi Arabia and Kuwait early Tuesday. Saudi Arabia’s defence ministry said it destroyed two drones over the kingdom’s oil-rich eastern region. In Kuwait, the National Guard ...

US-Israel war on Iran enters day 11 with no sign of easing. Donald Trump speaks with Vladimir Putin on ending the Iran and ...

U.S. President Donald Trump said on the 9th, “If Iran does anything that stops the flow of Oil within the Strait of Hormuz, they will be hit by the United States of America TWENTY TIMES HARDER than ...

SEOUL, South Korea — As war spreads across the Middle East, U.S. rivals and allies in Asia are preparing for the consequences, which include possible economic shock and long-term security threats.

At a news conference Monday, U.S. President Donald Trump seemed to threaten intensified action on Iran if the country made any “attempt to stop the globe’s oil supply." ...

Oil prices fell again below the key $100 per barrel mark, which was the highest levels since 2022. In a Monday morning social media post, Trump called that " a small price to pay ." Even as members of ...

The price of crude oil has sharply spiked as the Strait of Hormuz has been effectively closed as the United States and Israel wage war on Iran.

In a post to his Truth Social account on Monday night, President Donald Trump threatened to bomb Iran “TWENTY TIMES HARDER” ...

There is a zeal among “free traders” and globalists for the United States to be an import-dependent country relying on the rest of the world for both raw materials and finished manufactured goods.